FB SECURITIES is a foreign exchange broker established on November 15, 2010, as indicated on their official website. The broker primarily offers financial trading services in forex, commodities, and indices, with its headquarters location being unknown. This broker does not provide services to jurisdictions where it might contravene local laws or regulations, including the United States, Canada, Israel, Iran, and North Korea.
Corporate Registration and Regulatory Status:
According to information publicly available on the FB SECURITIES official website, the entity registered in Belize is FB CORPORATION, with a registered address at Withfield Tower, Third Floor, 4792 Coney Drive, POBox 1777, Belize City, Belize, and a company registration number of 157812. Additionally, the broker has a registered entity in the United Kingdom named FB SECURITIES LIMITED, located at Tokenhouse Yard, London, United Kingdom.
Upon verification, a company named FB CORPORATION can be found in the Belize Companies and Corporate Affairs Registry (BCCAR), but its registration number cannot be verified. Moreover, this entity does not possess any forex licenses or effective regulation. In the United Kingdom's Companies House, two companies with the name FB SECURITIES LIMITED are listed; one was dissolved on April 19, 2022, and the other was established on January 10, 2023. Neither of these entities holds a forex license or effective regulation.
Therefore, FB SECURITIES is an unregulated forex broker.
Account Opening:
The broker's official website does not provide any registration or login portal.
Account Types:
FB SECURITIES offers two types of real trading accounts to its users: STD Account and VIP Account. Both accounts provide access to the MetaTrader trading platform, allow micro trading, support 64 currency pairs and index CFD trading, have no order distance limits, support the MQL4 programming language, and offer VPS services.
STD Account:
- Trading commission: 0,
- Spreads: From 1.1 pips,
- Minimum initial deposit: 1,000 USD,
- Trading leverage: 1:30,
- Margin call level: 30%.
- Suitable for: Independent traders
VIP Account:
- Trading commission: 10 USD,
- Spreads: From 0.1 pips,
- Minimum initial deposit: 10,000 USD,
- Trading leverage: 1:30,
- Margin call level: 30%.
- Suitable for: Users of EA (automated trading systems) and high-frequency traders
Trading Platform:
FB SECURITIES provides the MT4 trading platform, with servers supplied by FB CORPORATION.
Deposits and Withdrawals:
The broker's official website does not specify the supported methods for deposits and withdrawals.
Summary:
Traderknows reminds investors that FB SECURITIES is an unregulated forex broker. Traderknows advises investors to choose brokers with legal regulation and a good reputation for investment trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as 'suspected of fraud' on Traderknows."
